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Qatar Purchases $200 M Wizards, Capitals Stakes, Faces Terror Accusations

6/4/2026

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Summary

Story summary

Qatar’s sovereign wealth fund acquired a $200 million stake in the Washington Wizards, Capitals and Mystics.
The fund controls nearly $15 billion of Texas gas pipelines, part of the Empire State Building, and has spent more than $400 billion in the United States since 2010, per the Foundation for Defense of Democracies.
Critics accuse Qatar of sheltering Hamas leaders and financing Islamist terrorists after $800 million in investments tied to former Trump administration officials.

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Story summary

Qatar’s sovereign wealth fund acquired a $200 million stake in the Washington Wizards, Capitals and Mystics.
The fund controls nearly $15 billion of Texas gas pipelines, part of the Empire State Building, and has spent more than $400 billion in the United States since 2010, per the Foundation for Defense of Democracies.
Critics accuse Qatar of sheltering Hamas leaders and financing Islamist terrorists after $800 million in investments tied to former Trump administration officials.